We Watch Now As Funds Get Vaporized

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Bob Chapman
The International Forecaster
February 27, 2009

Since 1997, real inflation, as opposed to ridiculously understated official inflation, has raged at a minimum of 8% annually, and has soared as high as 14-16%. This means that you have lost a minimum of two thirds of your 1997 purchasing power. So, if you invested $10,000 in the Dow components in 1997, not only would you have no gain whatsoever, you would have losses on the stocks which were dropped from the index due to poor performance and, in addition, to add insult to injury, your purchasing power has been reduced from $10,000 to approximately $3,000 in terms of 1997 dollars. In other words, that $10,000 you invested in 1997 will today only buy what $3,000 would have bought in 1997.




	Tim Geithner, the Fed’s hatchet-man and tax cheater who is now acting as our Treasury Secretary, wants to apply stress tests to these banks like some sort of bank doctor, when he should be acting as the official bank coroner.

Effectively, anyone playing the general stock markets has been wiped out by this combination of lost capital gains and reduced purchasing power. Those who began investing after 1997 have done even worse because they have suffered major capital losses in addition to having suffered reduced purchasing power. So much for the much touted 10% average annual gains for stocks. By contrast, you could have bought gold in 1997 for about $300 per ounce and more than tripled your money at today’s prices. Your $10,000 would have become $30,000+, however, due to inflation caused by the Fed’s profligate increase in the money supply, which the Fed intentionally orchestrated in order to impoverish you and bring you to your knees so you will accept world government, your purchasing power would only be about $10,000 in 1997 dollars. So you would at least be even in terms of purchasing power.

Certainly, $10,000 in purchasing power is a whole lot better than $3,000. This example is a classic illustration of how gold preserves your wealth. As you can see, failure to invest in gold, silver and their related shares is tantamount to committing financial suicide. The bankruptcy courts will soon be full of the tens of millions of US citizens who ultimately will ignore gold and silver as a safe haven, or who will simply lack the capital to invest in gold and silver in any case because they are in hock up to their ears, or because they have become unemployed, or both.

Pension plans, often heavily invested in stocks and real estate, asset classes which have seen tens of trillions of dollars disappear in a matter of months, are now so far behind in funding due to their ludicrous underlying assumptions about ROI (return on investment) that they are effectively bankrupt and will have to be bailed by the grievously under-funded PBGC (Pension Benefit Guaranty Corporation), which of course can only provide pennies on the dollar unless another bailout is orchestrated to save middle class pensions, which is not going to happen, and these losses do not even take into account loss of purchasing power due to inflation, which is understated officially to screw retirees out of their social security benefits. Instead of a PBGC bailout, we more likely will see the US follow in the footsteps of Argentina by nationalizing private pension money, mixing it with government entitlements. If you were wondering where the elitists plan to park a large portion of those new treasuries being issued to fund all the bailouts, look no further than your IRA’s, 401(k)’s and your company pensions, which will be forced to purchase these treasuries as part of the process by which the elitists will nationalize your pensions. Also, as part of this process, the types of assets you are allowed to invest in will be greatly limited, and your pension will be overseen by your corrupt, bungling government, insuring a complete financial clusterf–k. That way, you get the unspeakable privilege of owning dollar-denominated paper assets that will be vaporized along with Federal Reserve notes (aka toilet paper, aka “worthless paper”) when foreign owners of dollar forex all head for the exits to see who can dump their dollars the fastest as they try to purchase as many tangible, real assets as they can find in the US. You won’t know, of course, because statistics about foreign ownership in the US are, conveniently, no longer published by the FTC. However, you will find out soon enough as you are Zimbabwe’d and Weimar-ized. And that only addresses problems due to devaluation of the dollar. Wait until the interest rates skyrocket as hyperinflation takes hold and risk reaches new heights. This will collapse the treasury market, and the value of all your pension plan assets, which the government will have forced you to invest in treasuries, will go down in flames with it.

Also, many pension-sponsoring companies are going to go under because they are being systematically starved of necessary capital by the big, so-called “legacy banks,” who are using the financial debacle to eliminate their competition and that of their fellow elitist business corporations, especially transnational conglomerates. When these victims of the financial holocaust go under, the pension funds they sponsor will go under with them and there will be precious little in the way of bailouts to make up for these losses. Rest assured that the elitist companies will get their equity injections, toxic waste buyouts and loss assumptions, while everyone else gets the shaft. This is what the Pelosi Political Pork/Plunder Payoff Plan is all about, as well as the multi-trillion Obama bank bailout, which supposedly will help Main Street in addition to Wall Street, based on the tiresome platitudes offered in Tuesday’s presidential speech. If you believe that, then we still have that bridge in Brooklyn for sale at pennies on the dollar, at least until one of the dollar surplus nations uses its hundreds of billions in dollar forex to gobble it up.

A d v e r t i s e m e n t

Note that all the new tax laws concerning pensions encourage you to put more money in, and to keep it there longer. The scum in our government and on Wall Street want to encourage you to place your money into accounts to which they have strings attached with onerous tax law penalties. They want to make sure you put as much of your hard-earned savings in such accounts as possible, and to keep it there as long as possible, so they have sufficient time and opportunity to steal it from you via inflation, dollar devaluation, insider trading, investment fraud, depreciation of asset values through deflation, direct taxation, foreclosure sales, bankruptcy auctions and outright confiscation. That is with the assistance of the SEC and CFTC.

There is no end in sight for the real estate market, which will not bottom for several years. Once interest rates go into double digits, option ARM’s implode and unemployed government employees bring the overall unemployment rate up to 30% or even higher, we could be looking at a roll-back to 1981 home prices. Once these three factors are in full swing, you won’t be able to give a house away. No one wants to buy a home that is plummeting in value, few will be able to afford it even if they did want to buy it, and the few remaining who wanted to buy it and were still able to afford it will not have the credit or down payment money that is necessary to obtain a loan to buy it. Bank sales of foreclosed property will dominate the markets at all levels, and in all geographic areas. Few areas in the US will be spared from drastically declining home values. Also, once deflation takes over during the next one to three years, those who are liable under those big mortgages they took out based on inflated real estate prices will be unable to sell in any case, because they will be underwater and unable to clear their liens. If we get cram-down authority for our bankruptcy judges, where loan balances can be reduced to levels commensurate with value, there will be few if any homeowners who are drastically underwater who will not take advantage of this bankruptcy protection whether or not they can swing the mortgage payments. No one wants to pay more for a home than it is worth. That means that virtually all real estate derivatives could become worthless regardless of quality. That also means that all the large banks are hopelessly insolvent even if we set aside the Quadrillion Dollar Derivative Death Star waiting to implode as ongoing business failures set off counter-party liability on credit default swaps (CDS’s), and as double digit interest rates fry those on the wrong side of interest rate swaps (IRS’s). Therefore, all money thrown at these zombie financial institutions is not only being wasted, but is also stoking further hyperinflation without generating any offsetting benefits whatsoever in return. In addition, any common stock, preferred stock or bonds given to taxpayers by any of these walking dead elitist banks and financial institutions is absolutely worthless. These walking dead must be shot in the head with a silver bullet or have wooden stakes driven through their hearts to put them out of their misery, and all their existing accounts should be given to the successful regional banks whose executives had the foresight to stay clear of all the financial carnage. Many of the current and former executives of these zombie institutions and of the Clinton Administration, which set up this nightmare scenario, are now advising the Obama Administration on what to do about the depression we are in. So we are now asking drunk drivers and reckless speeders to give us lessons about highway safety. Only in America.

The bailout for mortgage borrowers is rife with moral hazard, as is the bailout of zombie banks and financial institutions. We keep hearing Barack “Nero Fiddled While Rome Burned” Obama and Sheila “We Just Can’t Let This Happen” Bair, the head of the FDIC, tell us that we have to bail out bankster gangsters and borrower felons, and that we just can’t allow these banksters and borrowers to go under, nor can we allow the overall financial situation to deteriorate further. Not only can we, but we absolutely should allow these borrowers and bankster gangsters to go under. The situation is going to deteriorate further no matter what they do, and they are in fact exacerbating the ongoing debacles by creating money out of nothing and then throwing it at people and institutions that are already dead, financially speaking. Tim Geithner, the Fed’s hatchet-man and tax cheater who is now acting as our Treasury Secretary, wants to apply stress tests to these banks like some sort of bank doctor, when he should be acting as the official bank coroner. Instead of trying to see how banks will react to various financial stresses, which tests should have been conducted years ago by our bogus regulators who looked the other way while collecting their pay, he should simply be determining the cause of death and listing it on the banks’ death certificates. Had these stress tests been conducted in a timely fashion, it would not have mattered anyway, because as our subscribers know, these deaths were by suicide, and not by natural causes. These institutions have self-destructed on orders from the Puppet Masters to collapse the world financial system to make way for a new one-world system in place of the nation-state system.

People who acted wisely and stayed on the sidelines while everyone else want on a felonious spending and lending binge in the real estate markets, which felonious activity occurred with the full encouragement of our government who practically arm-twisted many lenders into giving loans, under threat of discrimination lawsuits, to anyone who could fog a mirror, and which felonious activity and loan malfeasance the Fed actively encouraged via Mr. Bubbles, Alan Greenspan, who was the former Fed Chairman before Buck-Busting Ben took over, still cannot get into the real estate market because the prices are being kept artificially high by all the bailouts. They watch in silent anger and consternation as those who committed felonies by taking out “liar loans” get their mortgage principal reduced and payments lowered to avoid generating foreclosures which would take real estate prices down to a more realistic level that honest, qualified buyers could afford. They watch in stupefied horror and frustration as those banks which engaged in derivative and loan fraud and over-leveraged speculation get hundreds of billions of taxpayer largesse doled out to them so they can continue to defraud the public and make nonsensical loans to keep the daisy chain of fraud going while they collect their commissions and spreads on new issuance of toxic waste using money that has been borrowed interest-free, while charging usurious rates, relative to their borrowing costs, to anyone else who needs to borrow money. These bankster gangsters then have the gall to say they are not accountable to taxpayers as to how the money is used, while glomming salaries, bonuses and dividends out of money that has been handed to them which they did nothing to earn, and some of this money is even used as takeover money to hostilely acquire the honest, healthy banks in order to eliminate competition while simultaneously hoarding the gifted bailout money to force the rest of their competition to fail and go under because they can’t borrow to meet their capital requirements. Obama’s bogus promises that these horrendous and fiendish practices will not be allowed to occur with respect to future bailout funds is just window-dressing and inane platitudes for the ignorant masses. Business will go on as usual in Washington and on Wall Street — as corrupt as ever. Right has become wrong, and wrong has become right, just as the Bible warned. Surely, we are in the End Times.

Comment Rules

50 Responses to “We Watch Now As Funds Get Vaporized”

roaddog Says:
February 27th, 2009 at 1:18 pm
Until the implosion of amerikah

enoch7 Reply:
February 27th, 2009 at 1:34 pm
U-BETCHA! I liked the first 350 billion we gave the banks and now LORD OBAMA says they are going to pay closer attention THIS TIME! P.S. You got that trillion you owe me?

doi2727 Reply:
February 27th, 2009 at 3:38 pm
Random Thought…..

Why is it that citizens in other countries have no problem taking to the streets to protest, but you Americans are a bunch of pussy ass wankers. All you do is complain and bitch on sites like this. Get some balls! How long are willing to take Obama’s dick up your arses? What more incentive do you need? You have no jobs, country is flooded with corrupt politicians, you’ve traded or lost all your real assets for worthless fiat paper, your constitutional rights are being stripped away slowly, CCTV soon to be every where, and your controlled by an economic dictatorship/ Federal Reserve. Bunch of homos, maybe you like that black dick ooooh yeah!!…..

Parker Reply:
February 28th, 2009 at 1:26 am
Your protests do what exactly… Right. We know what is coming and we are preparing. Don’t be so naive.

Maybe your just venting because you no longer have any means to protect yourself from your government. Trust us, the statement “from my cold dead hands” rings very true in the heart of millions of true Patriots in this country. We may bend over but we don’t and will never take it in the ass – unlike your fellow countrymen that surrendered their rights without question.

You worry about your country, we’ll take care of ours.

John Henke Reply:
February 28th, 2009 at 9:58 am
That’s right Parker.

Others yell and scream in the streets because that’s all they can do. Useless hollering, like hungry cattle!

We, for now, will keep quiet and prepare. We have a good surprise up our sleeves for the NWO.

Homebrew Reply:
February 28th, 2009 at 5:48 pm
Here Here Parker. Let’s hear it for Parker HIP HIP HORAY, HIP HIP HORAY! Very well said sir! doi2727 what Parker said, that goes double for me!

Griz Reply:
February 28th, 2009 at 11:11 am
Could it be that Europeans and other nationalities shoot off their mouths in protest because that is the only thing they’re left with that makes a big noise? Get over yourself, we aren’t “protesting” because this will be solved by peaceful means or not. If it is corrected peacefully, fine. If not, fine. We are prepared for either and this IS OUR NATION! Go to your government and fix it and leave us alone. This is about STOPPING world government and dictatorship, not about fixing your country, that is for YOU to do.

ICE FARMER Reply:
February 27th, 2009 at 4:31 pm
Geithner is either a Romulan or a Vulcan. Cant you see he shaves his eyebrows, why?! He must be a Romulan because Vulcans dont lie. Notice though as he shows no emotion, ever. So he might be Vulcan afterall.
What would the Vulcans have against the Federation?

Cpt. Kirk at Area 51 Reply:
February 28th, 2009 at 3:10 am
The again he may be a hybrid. Exemplifying the qualities of both. Live long and prosper.

Eddie Mariano Reply:
February 28th, 2009 at 4:05 am
Ice / Capt.: Wasssup troll- just wanted you to know your wasting your time trying to discredit this website

Eddie Mariano Reply:
February 28th, 2009 at 4:12 am
kINDA FUNNY though so if in fact you’re 2 different people I apologize and thank you for the laugh.

What!?!?!?!? Reply:
February 28th, 2009 at 12:40 am
What a rambling stupid video. Don’t waste your time.
And have patience for what ? We should have patience watching our country dissapate ?
At least the kid doing the video seems like he is not a mean person, I’ll give him that .
Only that.
True Bread Says:
February 27th, 2009 at 1:39 pm
wow…. one of the best articles I’ve ever read on infowars… I’ll be sharing this with my group, and btw…. we’re all DOOMED…!!!

(only possible “solution”: FALSE FLAG)
leadersee, leaderdo Says:
February 27th, 2009 at 1:42 pm
Why would we have anything but corruption in our government when our largest churches are run by “ministers” who despise the truth of the Bible (e.g. Rick Warren, Joel Osteen), we murder our own children (50 million and counting), we advocate marriage for what God called abomination (look up “rimming”), we create murderous mayhem for our neighbors due to our money funding the drug lords, etc. etc.? I love this nation and hope for God’s mercy but if we are not judged for our sins the Bible is not true. The Bible is true so get ready!

enoch7 Reply:
February 27th, 2009 at 2:41 pm
I know how you feel.
Outrage Says:
February 27th, 2009 at 1:42 pm
Money “invested” in ANY financial instrument is gone. If you had purchased an SKS rifle last year for $150, it would be worth over $400 today. An $8 [last year] box of .22LR ammo now sells for $19. The poor man’s precious metals, Steel firearms & Lead bullets!
RR Says:
February 27th, 2009 at 1:47 pm
Ahhh now I know why the original banksta parasite Amsel Rothschild was so interested in the Jewish Cabalists…there IS much more to this than “just” money. This author has figured it out, how about you out there in Freemason historian/FDR “advisor” Manly Hall’s “imbecile majority”.

God, the real One, help us all.

THEorYofLIVEvolution.com

Reverend Josh Taylor Reply:
February 27th, 2009 at 4:20 pm
RR, I’m tired of your Jew bashing. You’ll be answering to God for what you done!

And that goes to the rest of you Jew bashers who bashes Jews in every other article.
Mike Says:
February 27th, 2009 at 1:51 pm
Have you ever noticed, that in every photograph with Obama and Geither, good ‘ol boy Tim Geithner always has the same perplexed look on his face.

And, he’s always lookin at Obama in an interesting way. I don’t like the evil that pours out from him…it’s easily discerned. He tries to look like he’s acting with urgency, which he is – urgently pushing the final catastrophic notions through the lifeblood of America. Moreover, it’s killing the rest of the world.

Thank you, Mr. Obama, and Mr. Geither. Final nail in the coffin.

I Only Have Eyes For You Reply:
February 28th, 2009 at 12:29 am
This is SO true!!! There’s no pic I have ever seen where Geithner isn’t drilling holes into Obama’s head. I thought I was the only one noticing it!
MainstreamWakeUpCalls Says:
February 27th, 2009 at 2:01 pm
*** Infowarriors we are getting through to the mainstream media each and EVERY day! Please help me wake-up “Rush Limbaugh” a.k.a. ‘The Golfer’, by sending him a truck-load of Alex’s stuff –> elrushbo@eib.net <<< Thanks for your help… We WILL expose thes bastards one way or another!

msmadame Reply:
February 27th, 2009 at 2:10 pm
Also posting to the comment section of Huffington Post, Poltico, Salon, the Nation… Those readers are very naive to what is really happening.
Joe Says:
February 27th, 2009 at 2:42 pm
This is a simple transfer of wealth ,from the middle class and poor to the Gov and the tyccon bankers ..where is the mistery ? Its happend many times before .
unohoo Says:
February 27th, 2009 at 2:48 pm
Nuke em till they glow
F U Says:
February 27th, 2009 at 3:03 pm
Great article, and it is past time the American people deman that the Federal Reserve Act be destroyed. This is the underlying root to all evil in America and the world. It is in the constitution that our govt shall issue its own money not by a banking cartel controled by mafia types.
Stop the Madness Says:
February 27th, 2009 at 6:09 pm
I’ve lost two-thirds of my purchasing power???? I don’t think so. Who does the writer of this article think he’s foolin. I have lost nothing nor have I gained either. The government is losing their footing and informing us that we are losing, but not them. That’s not even logical. If the person writing this article is implying that two-thirds of my income goes to bills (relinquishing my purchasing power), than that might be considered a more accurate statement.

However, if I allowed my government to fund ME, than maybe I could be convinced of such a stupid comment.

me Reply:
February 27th, 2009 at 10:05 pm
The person writing this story is Bob Chapman. He’s always talking about the illuminati. I’m so sick of that word. I don’t want to hear the word illuminati again until someone names who they are.

Anyone? Names of the illuminati are?
And don’t say rockefellers and rothchilds. Sick of those 2 names also.
Anyone out there think they have the answer?
Didn’t think so.

9th1 Reply:
February 27th, 2009 at 11:04 pm
”Can someone specifically identify the NWO tangibly by name and direct names of people/organizations that connect DIRECTLY to this NWO effort by name?”

Well Read this:

Its From Jeckel Island

The Creators of the Banking Beast

The Federal Reserve Bank

The 7 men that gathered in secret at Jekyll Island to plot the structure of the New World Order / Banking System were;

Senator Nelson Aldrich the father in law of John D. Rockefeller.

Abraham Piatt Andrew, Assistant Secretary of Treasury

Henry P. Davidson, Senior Partner of J. P. Morgan Company;

Charles D. Norton, President of J. P. Morgan’s Bankers Trust Company

Benjamin Strong, President of Bankers Trust Company which was owned by J. P. Morgan.

Frank A. Vanderlip, President of the National City Bank of New York, representing William Rockefeller and the international investment banking house of Kuhn, Loeb & Company.

Paul M. Warburg, a partner in Kuhn, Loeb & Company, a representative of the Rothschild banking dynasty in England and France, and the brother to Max Warburg who was the head of the Warburg banking consortium in Germany and the Netherlands.

The Principle Shareholders of the Federal Reserve

Rothschild Banks of England and Berlin

Warburg Banks of Hamburg and Amsterdam

Lazard Brothers Banks of Paris

Israel Moses Seiff Banks of Italy

Chase Manhattan Bank of New York

Lehman Brothers of New York

Kuhn Loeb of New York

Goldman Sacks of New York

Other stockholders and individuals who own large blocks of stocks in banks that own shares of the FED banks.

First National Bank of New York

National City Bank, New York

National commerce Bank, New York

Hanover National Bank, New York

Paul Warburg, Levi Morton, George F. Baker, Mrs. G. F. St. George, Katherine St. George, J. P. Morgan, James Stillman, Mary W. Harnman, A. D. Julliard, Jacob Schiff, Thomas Ryan, William Rockefeller, M. T. Pyne, J. W. Sterling, H. P. Davidson, Edith Brevour T. Baker.

Now, don’t a lot of those bank names look familiar, and why wouldn’t they, they are getting bailout money. And the Secretary of the treasury Mr. Paulson use to work for Goldman Sacks.

David Rockefeller is doing a lot to carry on what his father in law started. Lets see, he is a CFR member, Rockefellers donated land for the UN building, and the UN is constantly trying to get our right to bear arms taken away. Those are the NAMES behind the NWO, and the business’s, and the banks.

.
Howaboutthis Says:
February 27th, 2009 at 9:49 pm
A no investment loss guarantee bill,dividinds may be lost but not the initial investment.Plus we need laws to protect us from the federal reserve so this does not happen again.Stop sending State taxes to washington leave them in our own states.Stop messing with our constitution an our bill of rights.Stop taxing us for the military let the rich industrialists pay for it and maybe they won’t be so quick to use it if its coming out of thier pockets.Put a capp on lobbyist campaign funds set an amount,a low amount.Stop allowing companys to move out of country to seak slave labor to make products.Tax them quadruple for it.Reward companys who stay in country.Do not allow foregin companies to own more than 49% of any one company in country.Stop the monopolies uitility,cable,dish companies have way to much control over one area in this country.Stop the pharmacidcal companies from price gouging.Do not allow chemical or food growers to control the FDA or the EPA.Stop kissing the UN’s butt.Stop using ideals that our country was not founded on.Make insurance companies be non profit all intrest incured stays only for claims.Stop judges from allowing frivilous law suits into the court rooms.Protect our borders.Stop policing other countries dirty laundry.Mind our own damn business.
me Says:
February 27th, 2009 at 10:02 pm
I’m so sick of crap.

I like Alex and bob Chapman but wtf? We hear that hyperinflation is coming 6 months. Then it’s 1 year. Then the deflation is coming 12 months. Then it’s this year. Then it’s maybe not for 3 years. Then it’s back to the hyperinflation. Then it’s inflation and deflation together in 1 year. Then it’s this year. Then it’s…………………………..

I mean what the hell? Even colon powell can’t give out decent predictions.

BobbieJo Reply:
March 1st, 2009 at 1:03 am
Your not the only one noticing. Our ears are open to Gerald Celente right now. He and Lindsey Williams haven’t missed.

BobbieJo Reply:
March 1st, 2009 at 2:02 am
I know it’s frustrating, but nobody can give accurate finance info all the way. We like and respect Bob because he is a patriot, and Alex works all the time giving clear evidence of so many things happening in our world. The problem isn’t Alex. The problem we think here is that the evil elite are so busy manipulating all of the time it is simply hard to keep up with all of their dealings and wheelings. What we focus on mainly is helping to fight with what we can do where ever we are located. Right? All the Patriots do this in a different way but we hold to the Constitution as our main line, keeping up the best we can with what info is provided. Alex is telling the truth, he has proved this numerous times. Even the best of Patriots out there know this to be true. I do understand the frustrating mood, but remember something in this whole fight and that is your life and your family next to God must come first. We have spent several years doing preps and maintaining like numerous others out there, but there are times one has to step back and just watch and listen for a little while.
Mr. Celente has been accurate with the oncoming depression. Personally I think we are living in the early stage of it. Not from what anyone says, but goodness sakes alive look around and see the evidence. Plain as fresh churned butter.
I know this summer we are going to finish our boat and enjoy some time on the lake fishing with our grandchildren and finish another horse corral. Keep living your life and love your family, no matter what.
9th1 Says:
February 27th, 2009 at 11:27 pm
Words of John F. Kennedy on, November 15, 1963

“There exists in this country a plot to enslave every man, woman and child.
Before I leave this high and noble office, I intend to expose this plot.”

~ President John F. Kennedy, November 15, 1963,

Spoken One week before his assassination in Dallas, TX.

The Federal Reserve Bank is still in operation today

American’s are finally realizing what President John F. Kennedy knew,
And wanted to expose to the American people.
.
Marko Says:
February 27th, 2009 at 11:29 pm
me says;

is just that Ollld saying : “if you want be good in forecasting, Forecast a Lot.” I would add: About everything in everyway, all time and eventually you will be right with people don’t remembering all times when you were wrong. That’s simple
VictoriaSiempre Says:
February 27th, 2009 at 11:29 pm
Invest in lead. It’s the one thing that never depreciates and it doesn’t splatter as much as gold and silver.
Chameeli Says:
February 27th, 2009 at 11:56 pm
Here is the way the stimulus will work as these things have always done so in the past:

Three contractors are bidding to fix a broken fence at
> the White House. One is from Chicago , another is from
> Tennessee , and the third is from Minnesota .
>
> All three go with a White House official to
> examine the fence. The Minnesota contractor takes out a tape
> measure and does some measuring, then works some figures
> with a pencil.
>
> “Well,” he says, “I figure the
> job will run about $900: $400 for materials, $400 for my
> crew and $100 profit for me.”
>
> The Tennessee contractor also does some
> measuring and figuring, then says, “I can do this job
> for $700: $300 for materials, $300 for my crew and $100
> profit for me.”
>
> The Chicago contractor doesn’t measure or
> figure, but leans over to the White House official and
> whispers, “$2,700.”
>
> The official, incredulous, says, “You
> didn’t even measure like the other guys! How did you
> come up with such a high figure?”
>
> The Chicago contractor whispers b ack,
> “$1000 for me, $1000 for you, and we hire the guy from
> Tennessee to fix the fence.”
>
> “Done!” replies the government
> official.
>
> And that, my friends, is how the new stimulus
> plan will work!
Tim(Iowa) Says:
February 28th, 2009 at 8:19 am
LOOK at How GEITNER in the Pics , gives Obama the Evil eyes? What the hell is that all about?
It’s like he’s thinking? You BETTER say what We told you too.
Tim(Iowa) Says:
February 28th, 2009 at 8:37 am
@9th1- Think about that for a second? 800 Pubs & Taverns, for a town of 15,00 people?
Tim(Iowa) Says:
February 28th, 2009 at 8:38 am
ooops1 15,000
Tim(Iowa) Says:
February 28th, 2009 at 8:45 am
As I grew up? Through the 60′, 70’s and 80’s.
I witnessed the transformation of our Government. Not one of the Presidents ever elected from Kennedy on did squat for The American working Class. Not 1.

I watched the dollar purposefully expunged as wage increases were denounced by Big Corps., always saying theycouldn’t make a Profit but yet? Every report they were making to much.
And no matter how People tried. They always got hooked into going with the flow, and got sucked into lies by Politicians. ALWAYS!
And our Living standard has decreased over time.
I just shake my head when I look at you Kids getting out of High school these days .
And wonder what kind of Future you have?
I had it really Rough. The Majority of you guys Don’t have a chance unless My generation does something about it and soon.
Tim(Iowa) Says:
February 28th, 2009 at 8:59 am
Kids getting out of High school Today will have to have 2 working Parents making around $80,000-$100,000 each, just to make the House payment, Insurance payment, buy groceries and Own their vehicles. And you’ll just be sqweeking by,
You will not have extra money.
In order to have extra money though? You could liv in a Effcientcy apt. if you so choose too?
But? There will be no where to put your stuff.
You’ll have to RENT another place or garage to put your stuff in
I call it the systems, double rent whamme.
The bankersters saying. We’lll get that Home purchasing payment out of you 1 way or another and keep you living in Poverty, to keep our corrupt system going, to enslave you.

All Bow to the Magic US Dollar, That inflates and deflates at wil….as the Job wage stays the same.
As the Rich stay rich and as our sons & daughters go off to fight phoney wars for a system that thrives off of it..
Glen Garry Says:
February 28th, 2009 at 10:08 am
The End Is Near.
roaddog Says:
February 28th, 2009 at 10:46 am
The balls in their court for now. We’re waiting on the serve.
Bobbipin Says:
February 28th, 2009 at 1:42 pm
Seems that pie in the sky was really just a big old turd all along.

Looks like Reagan never found that pony in that barn full of shit did he?

If he did he must have sold it to foreigners.
RR Says:
February 28th, 2009 at 1:53 pm
Hey Reverend Josh Taylor (Feb. 27 at 4:20 pm) get a clue. So just stating historical fact is now “Jew” bashing? I make it very clear in my book this is NOT a “Jewish” conspiracy since the two most prominent Americans associated with the Rothschilds (Jewish in name and NOT religion) are “Christians” John D. Rockefeller and JP Morgan. The cabalists are interested in the “universal language” of numerology, this is the base of the “New” Age movement AND the Freemason/Illuminati elite. The preview of this bunch were the friends of the Pharisees known as the money changers that Jesus Himself chased out of the Temple with whips. Hopefully this helps clarify. Now maybe you and others can see my point.

If not feel free to call me a ‘racist’ for lambasting the banksta salesman Barak Obama.

THEorYofLIVEvolution.com
ra Says:
February 28th, 2009 at 7:09 pm
Everytime the stock market goes CRASH ! My commodities either just lie there, or they go up…
I aint looseing nuthin in the markets …

Jim Rogers Book: Hot Commodities

The truth is, it will be China, and Brazil, and India which pull us out of the global recission, so if yu are going to buy stocks for the long term, I would be looking there….
ra Says:
February 28th, 2009 at 7:12 pm
Oh, by the way, commodities are all down right now,, so it would be a good time to buy them.

Silver
Grain
Metals
Coffie etc..

Look at then Rogers commodities fund, then model it with available ETFs .
ra Says:
February 28th, 2009 at 7:16 pm
The rich folks arn’t buying the stock market right now, cause there are no profits.

The rich are in US treasury bonds…. creating a bubble, and excess demand for the US dollar. Driving the rate down, and the dollar up.

When they discover they have created a bubble in US dollars, they will get out, when they do, the dollar will be in massive surpluss… = INFLATION !

In times of inflation, you buy anything heavy that will hurt if it falls on your foot.

IE: Commodities.
games with no frontiers Says:
February 28th, 2009 at 10:23 pm
BAIL THESE GREEDY RETARDED BANKERS AND WALL STREET SLIME..NO THROW THEM OUT THE WINDOWS..OR BETTER HANG THEM WITH PIANO WIRE FROM THE LIGHT POLES IN THE STREETS..THIS WILL FINALLY SEND A REAL DEEP MESSAGE TO THESE NITWIT CAPTAINS OF FINACE..NO BAIL OUTS..NOT ONE MORE PENNY TO THESE NEOCON DOGS..ONCE AGAIN THE REPUBLICAN REPTILE PARTY OF THE INSANE HAVE FUCKED THIS COUNTRY DEEP…A TRUE MAJOR DEPRESSION IS RIGHT DOWN THE STREET..AND IT WAS ALL DONE ON PURPOSE..THEY WILL PAY IN BLOOD..NOT MONEY…
9th1 Says:
March 1st, 2009 at 1:04 am
RR Good Point about Jesus Driving the “Money Changers” out of the Temple !

Everyone Remember all of those Old Bumper Stickers that Said:

((((((( ” WHAT WOULD JESUS DO ” ??? )))))))

Well, maybe ALL of us Americans should FOLLOW JESUS’S EXAMPLE, and DRIVE THE MONEY
CHANGERS Out of DC For Good. The Federal Reserve “Money Changers”

Yes, Jesus Set the Right and Proper Example for all of his followers to see and do !

Just like Patric Henry so Eloquently said many, many years ago…

” I know not what course others may take, but as for me and my house, Give me Liberty or
Give me death ” The Federal Reserve “Money Changers” tales are REALLY Started to get
old now days aren’t they…. The same old Rip-Off Scams, year in and year out.